Top ten most powerful passports in the world
Passports provide a gateway for destinations. With 2024 underway, the Henley Passport Index sheds light on the major participants in the international…
Economy
Ghana’s inflation rate drops to 23.2%
Ghana’s inflation rate fell to 23.2% in December 2023, a considerable decrease from the 26.4% reported in November 2023. According to Bloomberg,…
Humane lays off 4% staff before launch of AI pins
Hardware company, Humane, has declared that it would be laying off 10 workers, or 4% of its total staff. “As we begin…
LIRS sets January 31st deadline for filing tax returns
The Lagos State Internal Revenue Service has set January 31st, 2023 as the deadline for businesses and individuals to file their annual tax…
X removes support for NFT profile images
Microblogging platform X, formerly known as Twitter has quietly removed the feature that allowed users to select NFT as their profile image.…
Elon Musk’s X to launch peer-to-peer payments in 2024
Social media company, X, has plans to launch a peer-to-peer payment system on the platform this year as part of Elon Musk’s…
Air Peace expands, begins Abidjan, Cotonou flights
One of Nigeria’s leading airlines, Air Peace, is set to start direct connectivity from its Lagos hub to Cotonou in Benin Republic and Abidjan in…
Amazon’s Twitch to lay off 500 employees
Amazon.com Inc.’s live streaming network, Twitch, is apparently planning a large personnel reduction, with around 35% of its workers, or approximately 500 employees,…
Seedstars Africa raises $30m to fund African startups
The European Investment Bank’s subsidiary, EIB Global, has committed $30 million in finance to Seedstars Africa Ventures. Following a $8 million investment,…
Seven currencies greater than the US dollar
One of the most valued currencies in the world, the US dollar is the preferred lender for many nations looking to purchase…
Cameroonian city ranked most expensive in Africa
Living in African cities can be a genuine financial burden these days, owing to the recent increase in inflation. Everything is getting…
Foreign flights fully booked despite naira scarcity
In a surprising turn of events, foreign flights from Nigeria are experiencing unprecedented demand and are reportedly fully booked, despite the prevailing…